Amwins
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The Jay Rittberg-led program manager kicked off a strategic process in August. -
The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive has been with the brokerage since 2004.
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The program will provide excess casualty coverage across a broad range of industries.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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After a period of business building, MGAs will likely spend more time optimizing.
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David Lavins had previously headed up subsidiary MGA Amwins Access.
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This is the second acquisition Amwins has announced this year.
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Rates are now falling, but submissions are still rising, according to wholesale brokers.
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Brokerage co-presidents Jeff McNatt and Sam Baig discussed the E&S market, rates and M&A.
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The MGA will become part of binding authority unit Amwins Access.
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The broker’s state of the market report noted that property pricing has stabilized.
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James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
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The 2025 State of the Market report also touched on E&S and MGA growth.
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Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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Nick Abraham will succeed Nathan Mathis as CEO of the firm's London-based specialty distributor.
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Amwins anticipates market softening will continue, absent loss ratio concerns.
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A deal would mark Amwins’ second LatAm sale, after Lockton acquired THB Brazil last May.
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Former NTUM president Justin Joyce will lead the ANTU binding unit.
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Beckham will succeed Ben Francavilla, who is retiring.
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The subsidiary generated 2023 gross revenue of $34mn and adjusted Ebitda of ~$5mn.
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A deal would mark Amwins’ second LatAm sale, after this publication revealed that Lockton acquired THB Brazil last May.
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In the newly created position, Kunert will lead efforts to build out and manage Amwins' formal claims infrastructure.
